RevenueNet IncomeP/EP/SEBITDividendStocksMarket capitalizationDebtLiabilitiesEquityAAQSEmployeesROEROAROCE
Destination XL Group Stock

Destination XL Group ROA 2024

Destination XL Group ROA

0.08

Ticker

DXLG

ISIN

US25065K1043

WKN

A1H8P9

In 2024, Destination XL Group's return on assets (ROA) was 0.08, a -61.55% increase from the 0.2 ROA in the previous year.

Destination XL Group Aktienanalyse

What does Destination XL Group do?

The Destination XL Group Inc. is an American company that offers clothing and accessories for men in sizes XL to 7XL. Originally founded in 1976 under the name Casual Male Big & Tall, the company adopted the name Destination XL in 2013. The company's business model is based on the fact that it is often difficult for men who predominantly need larger clothing sizes to find clothing that fits well and looks modern. Destination XL has therefore specialized in offering a wide selection of branded clothing specifically designed for men in larger sizes. Over the years, Destination XL has added a variety of products and brands to its range. This includes classic men's clothing such as shirts, pants, suits, and jackets, as well as conservative casual wear such as polo shirts, jeans, sweatshirts, and accessories such as belts, shoes, and underwear. In addition, the company also offers branded items such as Polo Ralph Lauren, Nautica, Levi's, and Columbia. Destination XL operates in various distribution channels to sell its products. The company operates its own website where customers can conveniently shop online. There are also over 200 Destination XL stores located in almost all states of the USA. In addition, the company operates some outlets where customers can purchase discounted merchandise. In addition to its main business, Destination XL Group Inc. also operates several niche brands focusing on specific segments of the men's market. For example, there is DXL Casual Male XL for casual wear, DXL Outlet for discounted goods, and Rochester Clothing for high-quality designer clothing. Regardless of the brand chosen, all emphasize good fit and high comfort for men with larger sizes. Over the years, the company has regularly introduced its brand to the market. For example, a new company logo, new advertising campaigns, and a revamped business model to better cater to the growing market for men in larger sizes. Destination XL Group Inc. has also built a strong community to reach and stay in contact with customers and fans. Overall, Destination XL has positioned itself as a leading brand for men's clothing in larger sizes. The company has successfully expanded its offering and increased its presence through a variety of distribution channels. Through these efforts, Destination XL remains an important player in the clothing industry and a favorite for men searching for fashionable clothing in larger sizes. Destination XL Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Destination XL Group's Return on Assets (ROA)

Destination XL Group's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Destination XL Group's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Destination XL Group's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Destination XL Group’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Destination XL Group stock

What is the Return on Assets (ROA) of Destination XL Group this year?

The Return on Assets (ROA) of Destination XL Group is 0.08 undefined this year.

What was the ROA of Destination XL Group compared to the previous year?

The ROA of Destination XL Group has increased by -61.55% compared to the previous year.

What consequences do high ROA have for investors of Destination XL Group?

A high ROA is advantageous for investors of Destination XL Group, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Destination XL Group?

A low ROA can be unfavorable for investors of Destination XL Group as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Destination XL Group affect the company?

An increase in ROA of Destination XL Group can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Destination XL Group impact the company?

A reduction in the ROA of Destination XL Group can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Destination XL Group?

Some factors that can influence the ROA of Destination XL Group include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Destination XL Group important for investors?

The ROA of Destination XL Group is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Destination XL Group take to improve ROA?

To improve ROA, Destination XL Group can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Destination XL Group pay?

Over the past 12 months, Destination XL Group paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, Destination XL Group is expected to pay a dividend of 0 USD.

What is the dividend yield of Destination XL Group?

The current dividend yield of Destination XL Group is .

When does Destination XL Group pay dividends?

Destination XL Group pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of Destination XL Group?

Destination XL Group paid dividends every year for the past 0 years.

What is the dividend of Destination XL Group?

For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.

In which sector is Destination XL Group located?

Destination XL Group is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Destination XL Group kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Destination XL Group from 10/3/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 10/3/2024.

When did Destination XL Group pay the last dividend?

The last dividend was paid out on 10/3/2024.

What was the dividend of Destination XL Group in the year 2023?

In the year 2023, Destination XL Group distributed 0 USD as dividends.

In which currency does Destination XL Group pay out the dividend?

The dividends of Destination XL Group are distributed in USD.

Stock savings plans offer an attractive way for investors to build wealth over the long term. One of the main advantages is the so-called cost-average effect: by regularly investing a fixed amount in stocks or stock funds, you automatically buy more shares when prices are low, and fewer when they are high. This can lead to a more favorable average price per share over time. In addition, stock savings plans allow small investors access to expensive stocks, as they can participate with small amounts. Regular investment also promotes a disciplined investment strategy and helps to avoid emotional decisions, such as impulsive buying or selling. Furthermore, investors benefit from the potential appreciation of the stocks as well as from dividend distributions, which can be reinvested, enhancing the compounding effect and thus the growth of the invested capital.

Andere Kennzahlen von Destination XL Group

Our stock analysis for Destination XL Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Destination XL Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.